Forward-thinking business leaders have started taking a more personalised approach to workplace strategies to provide every employee with what they need – and rewards and recognition are no exceptions.
Gallup’s latest report, “Unleashing the Human Element at Work: Transforming Workplaces Through Recognition”, found a 10,000-employee company can save up to $16.1 million in turnover costs annually by creating a culture of recognition. And that’s not even including additional cost savings from increased productivity, engagement and so on.
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